After the introduction of sanctions and the withdrawal of Western tech operators, Chinese companies filled the gap.

For example, Huawei's phone sales in Russia tripled in the first two weeks of March. After the withdrawal of Nokia and Ericsson, Huawei and ZET will increase their share of the market for wireless network equipment. Currently, the Russian market is divided almost half-and-half between these two Chinese and American companies.

However, business with Russia exposes Chinese companies to the risk of US sanctions, especially on the sales of equipment containing semiconductors produced in the United States.

Chinese tech giants will have to walk a fine line between capturing the huge Russian tech market while avoiding harsh sanctions from the United States.